Australia's AirTrunk Merger: Understanding Blackstone's $16 Billion Deal
Wednesday, 4 September 2024, 03:10
In a groundbreaking move, US private equity giant Blackstone has announced a staggering US$16 billion acquisition of Sydney-based data center operator AirTrunk. This significant merger underscores Blackstone's commitment to fortifying its portfolio with AI-linked assets in the Asia-Pacific region, particularly in Australia, the US, and Canada. The acquisition is poised to reshape market dynamics and presents new opportunities for growth within the data center landscape.
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